Ukrainian GDP Growth Slows to 4.2% on Exports, Central Bank Says
By Daryna Krasnolutska -
2012-01-23T11:49:22Z
Ukraine’s economic growth slowed to 4.2 percent from a year earlier in the last three months of 2011 as production of export products such as metals and chemicals fell amid dwindling foreign demand, the central bank said.
The economy probably expanded about 5 percent during the whole of last year, the regulator, based in the capital, Kiev, said today in a statement on its website.
Gross domestic product grew 6.6 percent from a year earlier in the third quarter, according to data from the state statistics service.
To contact the reporter on this story: Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net
To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net
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